Balancing Economic Growth: Green Economy, Foreign Investment, Urban Sprawl, And Human Resources Dynamics
DOI:
https://doi.org/10.33751/jhss.v10i1.110Keywords:
Green Economy, Foreign Direct Invesment, Urban Sprawl, Economic Growt, Human ResourcesAbstract
This study aims to answer the influence of the green economy, foreign investment, and urban sprawl on the economic growth of the special region of Yogyakarta by using human resources as a moderating variable. This study uses a quantitative method with statistical procedures, the data used is secondary data obtained from systematic recording results in the form of annual data from 1992-2021. The method used in data collection is documentation, namely searching for data in the form of records, transcripts, newspapers and so on, data analysis methods used include descriptive statistical analysis of classical assumption tests, hypothesis testing including moderated regression analysis, partial significance test, simultaneous testing, and analysis of the coefficient of determination. The results of this research show that the green economy has a significant effect on economic growth with a probability value of 0.003 < 0.05, foreign investment has a significant effect on economic growth with a probability value of 0.002 < 0.05, urban sprawl has a significant effect on economic growth with a probability value of 0.000 < 0.05. However, resources are able to moderate the green economy, foreign investment and urban sprawl on the economic growth of the special region of Yogyakarta.
References
[1] Al Karim, M., Utomo, G. J., & Fauziah, B. (2019). Kualitas hidup dan pertumbuhan ekonomi, studi kasus DKI Jakarta dan daerah penyangganya. Jurnal Pembangunan Wilayah dan Kota, 15(3), 227-247.
[2] Almfraji, M. A., & Almsafir, M. K. (2014). Foreign direct investment and economic growth literature review from 1994 to 2012. Procedia-Social and Behavioral Sciences, 129, 206-213. Doi: https://doi.org/10.1016/j.sbspro.2014.03.668.
[3] Amaruzaman, S., Leimona, B., van Noordwijk, M., & Lusiana, B. (2017). Discourses on the performance gap of agriculture in a green economy: a Q-methodology study in Indonesia. International Journal of Biodiversity Science, Ecosystem Services & Management, 13(1), 233-247.
[4] Arsyad, R. (2019). Pengaruh penanaman modal asing dan utang luar negeri terhadap pertumbuhan ekonomi Indonesia. Jurnal Bisnis & Kewirausahaan, 8(4). Doi: https://doi.org/10.37476/jbk.v8i4.713.
[5] Asamoah, L. A., Mensah, E. K., & Bondzie, E. A. (2019). Trade openness, FDI and economic growth in sub-Saharan Africa: do institutions matter? Transnational Corporations Review, 11(1), 65-79. Doi: https://doi.org/10.1080/1918644420191578156.
[6] Badan Pusat Statistik DI Yogyakarta. (2021). Pertumbuhan ekonomi DIY Triwulan IV-2021. Retrieved from https://yogyakarta.bps.go.id/pressrelease/2022/02/07/1231/pertumbuhanekonomi-diy-triwulan-iv-2021.html.
[7] Bagheri, B., & Tousi, S. N. (2018). An explanation of urban sprawl phenomenon in Shiraz Metropolitan Area (SMA). Cities, 73, 71-90. Doi: https://doi.org/10.1016/j.cities201710011.
[8] Beyene, S. D., & Kotosz, B. (2019). Testing the environmental Kuznets curve hypothesis: an empirical study for East African Countries. International Journal of Environmental Studies. Doi: https://doi.org/10.1080/00207233.2019.1695445.
[9] Boluk, K. A., Cavaliere, C. T., & Higgins-Desbiolles, F. (2019). A critical framework for interrogating the United Nations Sustainable Development Goals 2030 Agenda in tourism. Journal of Sustainable Tourism. Doi: https://doi.org/10.1080/0966958220191619748.
[10] Bulturbayevich, M. B., & Jurayevich, M. B. (2020). The impact of the digital economy on economic growth. International Journal of Business, Law, and Education, 1(1), 4-7. Doi: https://doi.org/10.56442/ijble.v1i1.2.
[11] Calero, C., & Turner, L. W. (2020). Regional economic development and tourism: A literature review to highlight future directions for regional tourism research. Tourism Economics, 26(1), 3-26. https://doi.org/10.1177/1354816619881244.
[12] Chen, M., Liu, W., Lu, D., Chen, H., & Ye, C. (2018). Progress of China's new-type urbanization construction since 2014: A preliminary assessment. Cities, 78, 180-193. Doi: https://doi.org/10.1016/j.cities.2018.02.012.
[13] Chollisni, A., Syahrani, S., Shandy, A., & Anas, M. (2022). The concept of creative economy development-strengthening post COVID-19 pandemic in Indonesia. Linguistics and Culture Review, 6, 413-426.
[14] Chomsky, N., & Pollin, R. (2020). Climate crisis and the global green new deal: The political economy of saving the planet. Verso Books.
[15] Dogaru, L. (2021). Green economy and green growth—Opportunities for sustainable development. In Proceedings (Vol. 63, No. 1, p. 70). MDPI. Doi: https://doi.org/10.3390/proceedings2020063070.
[16] Fleming, A., Wise, R. M., Hansen, H., & Sams, L. (2017). The sustainable development goals: A case study. Marine Policy, 86, 94-103.
[17] Gross, J., & Ouyang, Y. (2021). Types of urbanization and economic growth. International Journal of Urban Sciences, 25(1), 71-85. Doi: https://doi.org/10.1080/1226593420201759447.
[18] Haliru, A. A., Eze, D. O., Emmanuel, U., & Sani, H. M. (2020). 8 Urban Sprawl: The Impact of Higher Density Development for Sustainable Urbanization. Of the book: New Approaches in Contemporary Architecture and Urbanism, 87.
[19] Halliru, A. M., Loganathan, N., Hassan, A. A. G., Mardani, A., & Kamyab, H. (2020). Re-examining the environmental Kuznets curve hypothesis in the Economic Community of West African States: A panel quantile regression approach. Journal of Cleaner Production, 276, 124247. Doi: https://doi.org/10.1016/j.jclepro.2020.124247.
[20] Hapsoro, N. A., & Bangun, K. (2020). Perkembangan pembangunan berkelanjutan dilihat dari aspek ekonomi Di Indonesia. Lakar: Jurnal Arsitektur, 3(2), 88-96. Doi: http://doi.org/10.30998/lja.v3i2.7046.
[21] Helda, N. P., Jamal, A., & Dawood, T. C. (2018). Pengaruh urbanisasi, pertumbuhan PDB sektor industri dan pertumbuhan PDB sektor transportasi terhadap polusi lingkungan di Indonesia. Jurnal Ekonomi Dan Kebijakan Publik Indonesia, 5(2), 168-183.
[22] Hickel, J., & Kallis, G. (2020). Is green growth possible? New Political Economy, 25(4), 469-486. Doi: https://doi.org/10.1080/1356346720191598964.
[23] Inrix Research. (2017). Global Traffic Scorecard.
[24] Jannah, M., & Mutiarin, D. (2020, October). Local Government Strategy and Foreign Direct Investment (FDI) level: Case Studies of Sleman and Kulon Progo district, Yogyakarta Special Region (DIY). In Proceedings of the 1st International Conference on Environmental Governance, ICONEG 2019, 25-26 October 2019, Makassar, South Sulawesi, Indonesia.
[25] Khaerunnisa, S. H., Malkhamah, S., & Suparma, L. B. (2020). The route and bus stop plan for urban agglomeration transportation on the educational facility in Yogyakarta urbanized area. In Journal of the Civil Engineering Forum (Vol. 7, No. 1, pp. 23-36). Doi: https://doi.org/10.22146/jcef56335.
[26] Khasanah, M. R., & Astuti, D. W. (2020). Memahami urban sprawl: analisa perkembangan permukiman Kota Salatiga Dengan Digitasi Arcgis. Langkau Betang: Jurnal Arsitektur, 7(2), 151-162. Doi: http://doi.org/10.26418/lantang.v7i2.41869.
[27] Kristianto, A. H. (2020). Sustainable Development Goals (Sdgs) dalam Konsep Green Economy untuk Pertumbuhan Ekonomi Berkualitas Berbasis Ekologi. Business, Economics and Entrepreneurship, 2(1), 27-38. Doi: https://doi.org/10.46229/b.e.e..v2i1.134.
[28] Liang, W., & Yang, M. (2019). Urbanization, economic growth and environmental pollution: Evidence from China. Sustainable Computing: Informatics and Systems, 21, 1-9. Doi: https://doi.org/10.1016/j.suscom201811007.
[29] Llena-Nozal, A., Martin, N., & Murtin, F. (2019). The economy of well-being: Creating opportunities for people’s well-being and economic growth. OECDilibrary. Doi: https://doi.org/10.1787/18152031.
[30] Mihai, F. C., & Ulman, S. R. (2023). Circular economy in Green Deal strategies. In Sustainable and Circular Management of Resources and Waste Towards a Green Deal (pp. 49-63). Elsevier. Doi: https://doi.org/10.1016/B978-0-323-95278-100029-2.
[31] Mikhno, I., Koval, V., Shvets, G., Garmatiuk, O., & Tamošiūnienė, R. (2021). Green economy in sustainable development and improvement of resource efficiency. Central European Business Review (CEBR), 10(1), 99-113.
[32] Munir, M. (2020). Peran moderasi human capital diantara pengaruh PMA dan PMDN terhadap pertumbuhan ekonomi. Ekspansi: Jurnal Ekonomi, Keuangan, Perbankan, dan Akuntansi, 12(1), 65-76. Doi: https://doi.org/10.35313/ekspansi.v12i1.1861.
[33] Nasaruddin, M. M., Manaf, M., & Saleh, H. (2019). Pengaruh pengembangan kawasan perumahan terhadap sosial ekonomi dan minimalisasi gejala urban sprawl. Urban and Regional Studies Journal, 2(1), 15-24. Doi: https://doi.org/10.35965/ursj.v2i1.203.
[34] Nasir, M. A., Huynh, T. L. D., & Tram, H. T. X. (2019). Role of financial development, economic growth & foreign direct investment in driving climate change: A case of emerging ASEAN. Journal of environmental management, 242, 131-141. Doi: https://doi.org/10.1016/j.jenvman201903112.
[35] Nguyen, H. M. (2018). The relationship between urbanization and economic growth: An empirical study on ASEAN countries. International Journal of Social Economics. Doi: https://doi.org/10.1108/IJSE-12-2016-0358.
[36] Ningsih, D. S., & Hodijah, S. (2020). Pengaruh penanaman modal dalam negeri (PMDN), penanaman modal asing (PMA), ekspor dan impor terhadap pertumbuhan ekonomi Provinsi Jambi. Jurnal Paradigma Ekonomika, 15(2), 267-276.
[37] Outka, U. (2018). Fairness in the low-carbon Shift: Learning from environmental justice. In Energy Justice (pp. 12-40). Edward Elgar Publishing. Doi: https://doi.org/10.4337/978178643176900009.
[38] Pan, S. Y., Gao, M., Kim, H., Shah, K. J., Pei, S. L., & Chiang, P. C. (2018). Advances and challenges in sustainable tourism toward a green economy. Science of the total environment, 635, 452-469. Doi: https://doi.org/10.1016/jscitotenv201804134.
[39] Roitman, S. (2019). Urban activism in Yogyakarta, Indonesia: deprived and discontented citizens demanding a more just city. Contested Cities and Urban Activism, 147-174. Doi: https://doi.org/10.1007/978-981-13-1730-9_7.
[40] Rosana, M. (2018). Kebijakan pembangunan berkelanjutan yang berwawasan lingkungan di Indonesia. Kelola: Jurnal Sosial Politik, 1(1), 148-163.
[41] Setyarko, Y. (2018). Perhitungan PDRB hijau Kota Bekasi. Jurnal Ekonomika dan Manajemen, 7(1), 28-42. Doi: https://doi.org/10.36080/jem.v7i1.577.
[42] Silvestre, B. S., & Ţîrcă, D. M. (2019). Innovations for sustainable development: Moving toward a sustainable future. Journal of cleaner production, 208, 325-332. Doi: https://doi.org/10.1016/j.jclepro201809244.
[43] Soomro, M. M., Wang, Y., Tunio, R. A., Aripkhanova, K., & Ansari, M. I. (2021). Management of human resources in the green economy: Does green labour productivity matter in low-carbon development in China. Environmental Science and Pollution Research, 28(42), 59805-59812. Doi: https://doi.org/10.1007/s11356-021-14872-9.
[44] Storper, M. (2018). Separate worlds? Explaining the current wave of regional economic polarization. Spatial Transformations, 136, 247-270. Doi: https://doi.org/10.4324/9781003036159.
[45] Suparmoko, M. (2020). Konsep Pembangunan Berkelanjutan dalam Perencanaan Pembangunan Nasional dan Regional. Jurnal Ekonomika dan Manajemen, 9(1), 39-50. Doi: https://doi.org/10.36080/jem.v9i1.1112.
[46] Tanesib, V. G. (2019). Keterbukaan informasi dalam pelayanan perizinan di dinas perizinan dan penanaman modal DIY. Journal of Social Politics and Governance (JSPG), 1(2), 145-158. Doi: https://doi.org/10.24076/JSPG.2019v1i2182.
[47] United Nations. (2015). United nations sustainable development knowledge platform. Sustainable Development Goals.
[48] United Nations. (2019). Sustainable development goals. Retrieved from http://www.undp.org/content/undp/en/home/sustainable-development-goals.html.
[49] Vives, A. (2022). Social and environmental responsibility in small and medium enterprises in Latin America. In Corporate Citizenship in Latin America: New Challenges for Business (pp. 39-50). Routledge.
[50] Wei, Y. D., & Ewing, R. (2018). Urban expansion, sprawl and inequality. Landscape and urban planning, 177, 259-265. Doi: https://doi.org/10.1016/j.landurbplan201805021.
[51] Wicaksono, A. A. (2020). Urban river governance through community movement to increase the adaptive capacity to climate change of the poor: a case study of Yogyakarta. In IOP Conference Series: Earth and Environmental Science (Vol. 402, No. 1, p. 012003). IOP Publishing. Doi: https://doi.org/10.1088/1755-1315/402/1/012003.
[52] Wijayanti, A., & Ramlah, R. (2022). Pengaruh concept blue economy dan green economy terhadap perekonomian masyarakat Kepulauan Seribu. Owner: Riset dan Jurnal Akuntansi, 6(3), 2875-2886. Doi: https://doi.org/10.33395/owner.v6i3.906.
[53] Yeshchenko, M., Koval, V., & Tsvirko, O. (2019). Economic policy priorities of the income regulation. Revista ESPACIOS, 40(38).
[54] Zhang, Y., Mao, W., & Zhang, B. (2022). Distortion of government behaviour under target constraints: Economic growth target and urban sprawl in China. Cities, 131, 104009. Doi: https://doi.org/10.1016/j.cities.2022.104009.
